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Ford Motor Co (F.N)

F.N on New York Stock Exchange

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17 Aug 2017
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Latest Key Developments (Source: Significant Developments)

Ford Motor Co says July U.S. sales down 7.5 pct
Tuesday, 1 Aug 2017 09:15am EDT 

Aug 1 (Reuters) - Ford Motor Co :Ford motor co says its U.S. Sales were down 7.5 percent in July, with sales of 200,212 vehicles.  Full Article

Ford Motor reports Q2 earnings per share of $0.51
Wednesday, 26 Jul 2017 07:22am EDT 

July 26 (Reuters) - Ford Motor Co ::Q2 earnings per share $0.51.Q2 adjusted earnings per share $0.56.Q2 total revenue $39.9 billion, up $0.4 billion.Q2 earnings per share view $0.43, revenue view $37.10 billion -- Thomson Reuters I/B/E/S.Q2 automotive segment pre-tax profits of $2.2 billion.Sees 2017 adjusted EPS of $1.65 to $1.85.Says capital spending on track for FY outlook of $7 billion.Says pension contribution in line with FY plan of $1 billion.Says still expect FY shareholder distributions of about $2.7 billion.Says for 2017, continue to expect growth in global GDP and industry volume.Sees 2017 automotive segment revenue to be about equal to 2016 level.Sees 2017 automotive segment operating margin lower than 2016.Says expects FY 2017 automotive segment operating cash flow to be positive, but lower than 2016 level.FY2017 earnings per share view $1.51 -- Thomson Reuters I/B/E/S.  Full Article

Ford Motor Q2 automotive segment ‍revenue ​$37.11 bln vs $36.93 bln
Wednesday, 26 Jul 2017 07:00am EDT 

July 26 (Reuters) - Ford Motor Co ::Quarterly automotive segment ‍revenue ​$37.11 billion versus $36.93 billion.Says reported lower Q2 adjusted pre-tax profit due to higher commodity cost, unfavorable exchange, non-repeat of 2016's gain on sale of stake in OEConnection‍​.Says for 2017, continue to expect North America automotive segment operating margin and profit to be lower than 2016‍​.Says for 2017, continue to expect South America automotive segment loss to improve from last year.Says for 2017, expect Europe automotive segment to remain profitable, although below 2016 levels, mainly due to Brexit effects, higher commodity cost.Says for 2017, now expect Ford Credit full-year pre-tax profit higher than $1.5 billion.  Full Article

Ford Romania to hire more staff, stop B-Max production
Monday, 24 Jul 2017 06:05am EDT 

July 24 (Reuters) - Ford Motor Co :* Says will stop producing its B-Max model at its Romanian unit Automobile Craiova in September..* Says will start producing its smaller sport utility vehicle EcoSport in the fall..* Says plans to hire an additional 500 people, on top of plans for more than 1,000 new hires announced earlier this year, meaning Ford Romania staff will rise by just under 1,700. .  Full Article

Jiangling Motors to pay FY 2016 annual div on July 25
Tuesday, 18 Jul 2017 02:04am EDT 

July 18(Reuters) - Jiangling Motors Co Ltd <000550.SZ> ::* Says it will pay FY 2016 dividend to shareholders of record on July 24.* The company's shares will be traded ex-right and ex-dividend on July 25 and the dividend will be paid on July 25.  Full Article

Lucid Motors considering sale after early-stage takeover talks with Ford - Bloomberg
Monday, 17 Jul 2017 05:33pm EDT 

July 17 (Reuters) - :Lucid Motors is raising a new round of financing; Co also considering an outright sale after holding early-stage takeover talks with Ford - Bloomberg.  Full Article

Ford Motor sets quarterly dividend of $0.15per share
Thursday, 13 Jul 2017 04:30pm EDT 

July 13 (Reuters) - Ford Motor :Ford Motor Company declares dividend for third quarter 2017.Sets quarterly dividend of $0.15per share.  Full Article

Ford issues safety recall
Tuesday, 11 Jul 2017 08:57am EDT 

July 11 (Reuters) - Ford Motor Co ::Ford issues safety recall for certain 2017 Ford Edge, Fusion and Lincoln MKZ 2.0-liter gas engine vehicles with 6F35 transmissions to replace Torque converters‍​.Ford - issuing recall for about 6,000 Ford Edge, Fusion and Lincoln MKZ 2.0-liter gas engine-equipped vehicles with 6f35 transmissions.Ford Motor Co says is not aware of any accidents or injuries associated with the vehicles involved in the recall.Ford - recall involves about 5,914 vehicles in North America, including 5,183 in U.S., 32 in federalized territories, 687 in Canada and 12 in Mexico‍​.  Full Article

Ford ‍announces field service action to correct driveshaft issue in certain model year 2015 through 2017 transit vans
Wednesday, 28 Jun 2017 08:48am EDT 

June 28 (Reuters) - Ford Motor Co ::Ford Motor- ‍announcing a field service action to correct a driveshaft issue in certain model year 2015 through 2017 transit vans - SEC filing​.Ford Motor Co - cost of the action is estimated to be $142 million and will be incurred by our North America business unit - sec filing.Ford Motor- ‍updates, if any, to guidance for full-year 2017 total co adjusted pre-tax profit will be provided in connection with earnings results for Q2 2017​.  Full Article

Ford issues one safety recall, two safety compliance recalls in North America
Wednesday, 28 Jun 2017 08:46am EDT 

June 28 (Reuters) - Ford Motor Co ::Ford issues one safety recall and two safety compliance recalls in North America.Ford Motor Co - issuing a safety compliance recall for four ford police interceptor utility vehicles in U.S. to repair second row seat attachment studs.Ford says issuing safety recall for about 400,000 2015-17 ford transit van/bus vehicles with medium, long, extended wheelbases, chassis cab/cutaways with medium wheelbases.Ford Motor Co - issuing a safety compliance recall for three Ford Escape vehicles in the U.S. to replace driver knee airbag modules.Ford Motor Co - not aware of any accidents or injuries associated with issue regarding 2016 ford escape vehicles.Ford Motor Co - Ford is not aware of any accidents or injuries associated with 2015-17 Ford Transit van/bus vehicles issue.Ford says not aware of any accidents or injuries associated with the issue related to 2017 ford police interceptor utility vehicles.  Full Article

Ford to pay $10 mln to settle EEOC sex and race harassment allegations

Ford Motor Co has agreed to pay as much as $10.2 million to resolve the Equal Employment Opportunity Commission’s allegations that female and black employees were harassed at two Chicago-area facilities, the agency has announced.